Shocking new figures from The Video Inventory Agency (TVIA) have shown that poorly prepared inventories are costing the residential property market millions every year in lost claims. reports the RLA.
Since the introduction of the Tenancy Deposit Protection Scheme (TDPS) in 2007, the onus has been firmly with the landlord to prove their case. However as a result of improperly prepared inventories and lack of proper evidence, landlords now have less than a 1 in 10 chance of winning in the event of a deposit dispute.
Video inventories are the method preferred by the organisations that operate the Tenancy Deposit Schemes and they are recognised as being the most accurate way of conducting an inventory.
Tuesday, 19 October 2010
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2 comments:
Getting a landlord software can really help you avoid poorly prepared inventories that may lead to some dispute. Using a property management software will be an extraordinary return of investment.
Definitely the inventory business is very difficult to determine when it comes to check the damages, before the check out have been made.
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